Is Unemployment Undercounted?

Transcript

♪ [music] ♪ [Alex] As we saw in our last video, to be defined as unemployed, a person has to be without a job and they must have actively looked for a job in the last four weeks. Now what this means is that if a person without a job gives up looking for work, then they are no longer counted as unemployed. Every now and then someone discovers this... Read More